14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CSTM
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Monday for Constellium NV stock after gaining 1.24%
(Updated on May 06, 2024)

Sell candidate since Apr 24, 2024 Gain 2.35% PDF

The Constellium NV stock price gained 1.24% on the last trading day (Monday, 6th May 2024), rising from $20.21 to $20.46. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.86% from a day low at $20.44 to a day high of $20.82. The price has risen in 7 of the last 10 days but is still down by -3.17% for this period. Volume fell on the last day by -3 thousand shares and in total, 591 thousand shares were bought and sold for approximately $12.09 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $19.85 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 11.15% during the next 3 months and, with a 90% probability hold a price between $22.06 and $26.43 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

CSTM Signals & Forecast

There are mixed signals in the stock today. The Constellium NV stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $21.12. On a fall, the stock will find some support from the short-term average at $20.21. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 3.91%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Constellium NV stock

Constellium NV finds support from accumulated volume at $20.37 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.380 between high and low, or 1.86%. For the last week, the stock has had daily average volatility of 2.57%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CSTM) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect Constellium NV to open at $20.57, and during the day (based on 14 day Average True Range), to move between $19.80 and $21.12, which gives a possible trading interval of +/-$0.657 (+/-3.21%) up or down from last closing price. If Constellium NV takes out the full calculated possible swing range there will be an estimated 6.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $20.37 (0.44%) than the resistance at $20.70 (1.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Constellium NV stock A Buy?

Constellium NV holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.640 Sell Candidate Unchanged

Predicted Opening Price for Constellium NV of Tuesday, May 7, 2024

Fair opening price May 7, 2024 Current price
$20.57 ( 0.554%) $20.46

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CSTM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 20.95 2.41 %
R2 20.81 1.70 %
R1 20.72 1.26 %
Current price: 20.46
Support S1 20.43 -0.156 %
S2 20.34 -0.594 %
S3 20.19 -1.30 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.13 3.27 %
R2 20.98 2.54 %
R1 20.70 1.17 %
Current price 20.46
Support S1 20.37 -0.440%
S2 19.99 -2.30%
S3 19.49 -4.74%

FAQ

What is the symbol for Constellium NV Stock and on which exchange is it traded?
The symbol for Constellium NV is CSTM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Constellium NV Stock?
Constellium NV holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Constellium NV Stock?
Constellium NV Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Constellium NV Stock.

What's the current price of Constellium NV Stock?
As of the end of day on the May 06, 2024, the price of an Constellium NV (CSTM) share was $20.46.

What is the 52-week high and low for Constellium NV Stock?
The 52-week high for Constellium NV Stock is $103,100.00 and the 52-week low is $59,900.00.

What is the market capitalization of Constellium NV Stock?
As of the May 06, 2024, the market capitalization of Constellium NV is 2.952B.

When is the next earnings date for Constellium NV?
The upcoming earnings date for Constellium NV is Jul 24, 2024.
Click to get the best stock tips daily for free!

About Constellium NV

Constellium NV Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the packaging, aerospace, and automotive end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry. The Packaging & Automotive Rolled Products segment produces rolled aluminum products, including c... CSTM Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT